Flashpoint Venture Capital, an international technology investment firm that manages equity and debt funds focused on US and international tech start-ups originating in emerging Europe and Israel, has opened a new office in New York.
The office opening will provide a focal point for Flashpoint’s activities as it seeks to increase its on-the-ground presence in the US.
Currently, approximately 50% of Flashpoint’s portfolio revenue is generated in the United States and, approximately 25% of capital raised in its latest funds has been sourced from the Americas.
Flashpoint’s US portfolio now includes 16 companies, including successful companies such as Chili Piper, Booksy, Traceair, IntelliBoard, Qmenta, TestRigor, Allset and others. Flashpoint funds have completed a number of exits in the US, including such notable transactions as the sale of Shazam to Apple, Chess.com to General Atlantic and Marketman to MealTicket.
Flashpoint’s New York office will be managed by Tony Fedorov, Partner at Flashpoint, who has been managing Flashpoint’s operations in Israel. Fedorov joined Flashpoint in 2014 and sits on the board of directors of several software companies, including Comeet, TraceAir, Gaviti, Particula, and others. Tony has worked on transactions including Guesty, Borzo, as well as numerous exits that include Chess.com, and Getintent. Tony is the Director of SummerSaaS – annual VC Forum initiated by Flashpoint in 2020 having attracted over 3,000 attendees and hundreds of top-tier VCs since then.